Job Description
Managing the Loss Database of the bank. Categorization of Unusual Events as per Basel Loss Event type, Business Line, Credit / Ops Losses, IT / Non IT etc
Reconciliation of Operational Loss GL
Providing approvals to debit Operational Loss GL basis requisite approvals as per delegation matrix and other parameters
Highlighting Unusual Events above INR 1 Lakh to internal domains
Preparation of monthly UE MIS for senior management post seeking Provisions, Losses booked, Insurance and other recovery updates.
Managing Non Fraud Provisions of the bank
Assisting team with Critical Events, Risk Appetite, Loss Matrix, Insurance claim status etc during Operational Risk Executive Committee, Risk Management Committee and Board Notes
Quarterly submission of 6 data points to RBI under Risk Based Supervision (RBS)
Tagging Unusual Events basis Top Risks of the bank for annual Heat Map review activity
Provide Unusual Event data to Audit, Business units etc basis their requirements
Responding to internal audit and RBI queries & requirements
Supporting team with other adhoc activites like Stress Testing, Operational Risk Capital computation etc
Job Requirements -
Good Knowledge of Microsoft office. (Excellent knowledge of PowerPoint, Word & Excel would be an advantage)
Ability to understand, interpret and manipulate large data sets
CA or MBA or Experienced Graduate with Certification in Operational risk would be an advantage
Reconciliation of Operational Loss GL
Providing approvals to debit Operational Loss GL basis requisite approvals as per delegation matrix and other parameters
Highlighting Unusual Events above INR 1 Lakh to internal domains
Preparation of monthly UE MIS for senior management post seeking Provisions, Losses booked, Insurance and other recovery updates.
Managing Non Fraud Provisions of the bank
Assisting team with Critical Events, Risk Appetite, Loss Matrix, Insurance claim status etc during Operational Risk Executive Committee, Risk Management Committee and Board Notes
Quarterly submission of 6 data points to RBI under Risk Based Supervision (RBS)
Tagging Unusual Events basis Top Risks of the bank for annual Heat Map review activity
Provide Unusual Event data to Audit, Business units etc basis their requirements
Responding to internal audit and RBI queries & requirements
Supporting team with other adhoc activites like Stress Testing, Operational Risk Capital computation etc
Job Requirements -
Good Knowledge of Microsoft office. (Excellent knowledge of PowerPoint, Word & Excel would be an advantage)
Ability to understand, interpret and manipulate large data sets
CA or MBA or Experienced Graduate with Certification in Operational risk would be an advantage
💡 Quick Summary
Seeking a career-building opportunity? The Team Member | Operational Risk Team|Loss Database position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.